NOT LISTED FOR SALE

406 Bowman Ave Madison, WI 53716

Lake Edge Neighborhood

Estimated Value: $341,832 - $393,000

3 Beds
1 Bath
980 Sq Ft
$368/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $242,000 $247 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,243/month

3 Days on Market

Highlights

  • Wood Flooring
  • Bathtub
  • Bungalow
  • Attached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of July 2020

Showings to start 5/16 at 8:00 am. Adorable, meticulously updated home in Lake Edge. Walk through the entryway to glowing hardwood floors reflecting the natural light. Kitchen has been updated with white cabinets and butcher block countertops. Lovely and bright updated bathroom. Basement can be further finished for extra entertaining space. Enjoy sunsets on your back patio and gardening in your spacious, wooded yard. Coop has never been used; could be a cute playhouse! 2007: Water heater. 2008 Garage, driveway, kitchen appliances, furnace. New windows in 2010. Washer/dryer new in 2016. Walk or bike to all the neighborhood has to offer: the new Pinney library, Olbrich gardens, lake Monona and the Bier Garden! Third bedroom in basement has no closet. For more photos and information visit www.LauerRealtyGroup.com or call Lindsey Cooper, 608-354-3864

Last Agent to Sell the Property

Liz Lauer

Lauer Realty Group, Inc. License #56139-90 Listed on: 05/11/2020

Co-Listed By

Lindsey Cooper

Lauer Realty Group, Inc. License #86706-94

Last Buyer's Agent

Andrea Davitt

Stark Company, REALTORS License #57074-90

Stark Company, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,898

Year Built

  • Built in 1946

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60x110
  • Level Lot
  • Property is zoned R-2

Home Design

  • Bungalow

Interior Spaces

  • 1-Story Property
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Attached Garage
  • Driveway Level

Schools

  • Allis Elementary School
  • Sennett Middle School
  • Lafollette High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Morningside Heights Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,898

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 1 story
  • Architecture: Bungalow
  • Barrier Free: Level drive, Level lot
  • Items Excluded: Seller's personal property, basement freezer, firepit.
  • Items Included: Range, microwave, dishwasher, washer, dryer, refrigerator, garage remote, basement bar, water softener, disposal, chicken coop.
  • Year Built: 1946
  • Above Grade Sold Price Per Sq Ft: 289.47
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 836
  • Finished Non Exp Sq Ft: 144
  • Finished Sq Ft: 980
  • Bedrooms: 3
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 10X11, On Level: M
  • Bedroom 2: Dimensions: 10X9, On Level: M
  • Bedroom 3: Dimensions: 10X10, On Level: L
  • Kitchen: Dimensions: 10X10, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave
  • Living Room: Dimensions: 17X18, On Level: M
  • Dining Area: Dimensions: 8x8, On Level: M
  • Laundry: On Level: L
  • Basement: Full, Walkout to yard
  • Interior Amenities: Wood or sim. wood floor, Washer, Dryer, At Least 1 tub
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Driveway: Paved
  • Garage: 1 car, Attached
  • Total Full Garage Stalls: 1

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer

Schools

  • Elementary School: Allis
  • High School: Lafollette
  • Middle School: Sennett
  • School District: Madison

Lot Info

  • Estimated Aces: 0.15
  • Lot Dimensions: 60X110
  • Zoning: R-2
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 3898
  • Tax Year: 2019

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Jul 10, 2020
Sold by
Freedman Andren K
Bought by
Kuka Martha and Fransee Daniel
Seller's Agent
Liz Lauer
Lauer Realty Group, Inc.
Buyer's Agent
Andrea Davitt
Stark Company, REALTORS
List Price
$225,000
Sold Price
$242,000
Premium/Discount to List
$17,000
7.56%
Current Estimated Value
$360,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,458
Avg. Annual Appreciation
7.54%
Original Mortgage
$229,900
Outstanding Balance
$203,860
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$156,598

Purchase Details

Closed on
Jun 25, 2008
Sold by
Wisconsin Housing & Economic Development
Bought by
Freedman Andrea K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2007
Sold by
Waldsmith Jeffrey L and Case #06-Cv-1415
Bought by
Wisconsin Housing & Economic Development
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kuka Martha $242,000 Knight Barry Title
Freedman Andrea K -- None Available
Wisconsin Housing & Economic Development -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuka Martha $229,900
Previous Owner Freedman Andrea K $83,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2020 07/10/20 Sold $242,000 +0.9% $247 / Sq Ft
05/22/2020 05/22/20 Price Changed $239,900 +6.6% $245 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $225,000 -7.0% $230 / Sq Ft
05/11/2020 05/11/20 Off Market $242,000 -- --
Source: South Central Wisconsin Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,174 $335,500 $86,700 $248,800
2023 $5,458 $321,400 $83,000 $238,400
2021 $4,814 $242,000 $67,400 $174,600
2020 $4,158 $197,200 $63,600 $133,600
2019 $3,898 $186,000 $60,000 $126,000
2018 $3,923 $186,000 $37,400 $148,600
2017 $3,555 $161,700 $37,400 $124,300
2016 $3,462 $154,000 $35,600 $118,400
2015 $3,599 $157,100 $33,600 $123,500
2014 $3,597 $157,100 $33,600 $123,500
2013 $3,556 $157,100 $33,600 $123,500
Source: Public Records

Agents Affiliated with this Home

  • Liz Lauer

    Seller's Agent in 2020

    Liz Lauer

    Lauer Realty Group, Inc.

    (608) 444-5725

    7 in this area

    450 Total Sales

    Liz Lauer
    Section Image
  • Lindsey Cooper

    Seller Co-Listing Agent in 2020

    Lindsey Cooper

    Lauer Realty Group, Inc.

    (608) 354-3864

    3 in this area

    126 Total Sales

    Lindsey Cooper
    Section Image
  • Andrea Davitt

    Buyer's Agent in 2020

    Andrea Davitt

    Stark Company, REALTORS

    (608) 957-3136

    1 in this area

    58 Total Sales

    Andrea Davitt
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1883038

South Central Wisconsin Multiple Listing Service

APN: 0710-094-0910-5

Wisconsin Dane County Madison 53716 Lake Edge

406 Bowman Ave, Madison, WI

Not Listed for Sale

Detached

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